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Blanket Plugging Surety Bond Financial Assurance for Wells in Temporarily Abandoned Status - New Mexico
Blanket Plugging Surety Bond Financial Assurance for Wells in Temporarily Abandoned Status is a legal document that was released by the New Mexico Energy, Minerals and Natural Resources Department - a government authority operating within New Mexico.
FAQ
Q: What is a Blanket Plugging Surety Bond?
A: A Blanket Plugging Surety Bond is a form of financial assurance for wells that are in a temporarily abandoned status in New Mexico.
Q: What does the Blanket Plugging Surety Bond do?
A: The Blanket Plugging Surety Bond ensures that funds are available for plugging and abandoning wells that have been temporarily abandoned.
Q: Why is a Blanket Plugging Surety Bond required?
A: A Blanket Plugging Surety Bond is required to provide financial security and ensure that wells in temporarily abandoned status can be properly plugged and abandoned.
Q: Who needs to obtain a Blanket Plugging Surety Bond?
A: Individuals or companies that have wells in a temporarily abandoned status in New Mexico need to obtain a Blanket Plugging Surety Bond.
Q: How much does a Blanket Plugging Surety Bond cost?
A: The cost of a Blanket Plugging Surety Bond can vary depending on the size and number of wells, but it is generally based on a percentage of the plugging liability for each well.
Form Details:
- Released on June 30, 2015;
- The latest edition currently provided by the New Mexico Energy, Minerals and Natural Resources Department;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the New Mexico Energy, Minerals and Natural Resources Department.
Download Blanket Plugging Surety Bond Financial Assurance for Wells in Temporarily Abandoned Status - New Mexico
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